Property Details
Retail For Sale
Maven Realty Partners is pleased to present 675 E E Butler Parkway, a class C retail center that is occupied by seven MG leases. This retail center is located adjacent to Entegra Bank, with a traffic count of 23,000 cars per day.
This 24,900 SF, recently renovated, retail center is centrally located with easy access to Breneau University as well as Northeast Georgia Medical Center. The retail center fronts E E Butler Rd and is situated on 2.2 acres.
Gainesville is that rare market where manufacturing employment still dominates the metro, with more than a fifth of jobs in the sector. Gainesville certainly caters to the small-business owner, where 93% of its companies employ fewer than 50 employees.
The property offers an investor a low maintenance asset with all new HVAC systems as well as a new roof. The remaining lease terms range from 1-4 years with an average of three years remaining on the initial lease term. Rent increases are scheduled every year and each lease has built in renewal options. The property is located within an Opportunity Zone which offers tax abatement incentives.
- Property TypeRetail
- Year Built1985
- Total Building Size24,942RSF
- Total Acres2.3
- Building ClassB
- ZoningC3
- Property ID446848